CAUSES OF LOSS
A SMALL WATER LOSS COULD SIGNIFICANTLY IMPACT YOUR FINANCIAL CONDITION
Water is a significant Peril facing us all on a daily basis, a small Water Loss could significantly impact your financial condition, whereas a larger Water Loss could devastate your financial condition. As a result the majority of “Water Losses” are covered by Private Insurance, however with that a small percentage remain uninsured or self-insured.
There are 3 Types of Water Loss Categories:
- Clean Water (No Contaminant, Posing No Health Risk).
- Grey Water (Some Possibly Contaminants, Posing Potential for Health Risk).
- Black Water (Contaminated, Posing significant Heal Risk).
14,000 Water Losses occur annually (Not including Flood, i.e. Surface/Ground Water), i.e. Water from a Plumbing System or Appliance, same representing over 2.5B Dollars in Loss Value annually. The leading cause of Water Damage, come from Water Heater failures, as well as other varying Plumbing Line failures (Inclusive of Freezing Ruptures), and finally the balance caused by specific Appliance failures, which connect to a Water Source.
PLC and our Global Team of Loss Experts stand ready to assist You, Our Client, ensuring Your Maximum and Expedited Claim Recovery!!!